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16722 Sherman Drive

16722 Sherman Drive, Harvey, IL 60426
Property in Thornton
Sold Mar 06, 2018
$117,000
Sold Aug 19, 2016
$10,924
16722 Sherman Drive in Harvey, IL was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 16722 Sherman Drive has 1,235 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,340 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16722 Sherman Drive sold most recently in Feb 23, 2018 for a total of $117,000. If you work out the math, that's approximately a cost of $94.74 per sqft. Before that, the property was also sold for $10,924 in Jul 25, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,519 in taxes each year. 16722 Sherman Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,885. If we break it down further, the land itself was valued at $1,169. Improvements to the property, however, were assessed at a total of $2,716. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,340
  • Total Building Area: 1,235
  • Gross Building Area: 1,235
  • Building Area: 1,235
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADD TO PERCY WILSONS WASHINGTON
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECOND) ADD TO PERCY (WILSONS)(WASHINGTON) PARK SUB SUB OF E 702.875FT EX S1/4 OF PT EX R/W TO C & IT CO NH EH NE SEC 29-36-

Ownership

  • Current Owner : DEAN GINGER I
  • Previous Owner : LIUBA PROPERTIES INC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hazel Crest School District 152-5
  • Census Tract: 827500

Geography

  • District: 37
  • Parcel: 29-29-203-027-0000
  • Block: 19
  • Lot: 14-18
  • Meridian: SEC 29 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5853
  • Longitude: -87.6371

    Address

  • Full Address: 16722 Sherman Dr
  • Address - House Number: 16722
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Harvey
  • Carrier Code: R001
  • 4-Digit Zip Code: 6116
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,519
  • Tax Rate Code Area: 37050

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 112,172
  • High Value: 141,906
  • Low Value: 82,438

    Market Valuation

  • Market Total Value: $38,850
  • Market Land Value: $11,690
  • Market Improvement Value: $27,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,885
  • Assessed Land Value: $1,169
  • Assessed Improvements Value: $2,716

    Sales

  • Current Sale Contract Date: Feb 23, 2018
  • Current Sale Recording Date: Mar 06, 2018
  • Current Sale Transaction ID: 11427001286
  • Current Sale Price: $117,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1806508024
  • Previous Sale Recording Date: Aug 19, 2016
  • Previous Sale Contract Date: Jul 25, 2016
  • Previous Sale Amount: $10,924
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Mar 06, 2018
  • First Mortgage Loan Amount: $114,880
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

About Harvey



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Unit for rent at 16950 Wood Street, Hazel Crest, IL, 60429

$1,700 /mo

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  • 2 Baths
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16950 Wood Street, Hazel Crest, IL, 60429 Listing by Peter Ilori

Frequently Asked Questions

What neighborhood is 16722 Sherman Drive located in?
The 16722 Sherman Drive is a located in the neighborhood of Thornton in Harvey, Harvey.
What is the average sales price for listings in 16722 Sherman Drive?
The average sales price for units in 16722 Sherman Drive is $0 currently.

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